Tighter limits, enforcement and penalties are steps in the right direction but careful implementation is vital to prevent unintended consequences As one of the world's most densely populated and ...
Hong Kong continues to link its currency closely to the US dollar, maintaining an arrangement established in 1983. Excess liquidity, low interest rates and a tight housing supply have caused Hong ...
HONG KONG: Hong Kong intends to amend the law making serious abuse of public housing a criminal offence, with a maximum fine of HK$500,000 (US$64,000) and one year’s imprisonment. The amendment ...
Housing is famously cramped in the Asian financial hub of Hong Kong, thanks to sky-high property prices, but a single toilet and kitchen shared by four families would make for a challenging home ...
HONG KONG – It’s known as Hong Kong’s most Instagrammable housing estate. And it’s due to be demolished and redeveloped from 2028. Choi Hung Estate – or “rainbow estate” in Cantonese ...